Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 19 April 2011

Reliance

Today, 1010 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1010 is crucial for short term. Positional Traders, trade long above 1010 for a target of 1030. Trade short below 1010 for a target of 960.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 18 April 2011

Today, 5870 is the crucial intraday level for Nifty.

If Nifty sustains below 5870, then it could test 5810 and below that level it could test 5760.
Instead, if Nifty trades above 5870, then it could test 5910.